Yield Protocol has announced that it has fully recovered from the Euler flash loan attack and restored operations in May, allowing users to borrow and lend. The protocol will now switch out user tokens worth $1.5 million. Yield Protocol worked with Euler on returning the funds after Euler recovered most of its losses from the hackers in April. Users will need to swap their liquidity provider tokens for new ones minted during the restoration process to make them whole.
Yield Protocol also weathered the discovery of a bug in its strategy contracts in May, which required the protocol to pause for two weeks.